Economy and industry
Govt targets 3m foreign tourists this year
Thailand is targeting three million foreign tourists this year, tied to a phased reopening to vaccinated visitors later this year, the state tourism agency said on Wednesday.The target is lower than the four million tourists projected by the Tourism Authority of Thailand (TAT) in April, ...
Thai industries sentiment hits 11-month low in May
Thailand’s industries sentiment dropped for a second straight month in May, hitting an 11-month low, due to a third wave of coronavirus infections and a slow vaccine rollout, an industries group said on Tuesday.The Federation of Thai Industries (FTI) said its Thai industries sentiment index ...
ICI rises 1.6% as jabs boost investor sentiment
The Investor Confidence Index (ICI) for stocks in the next three months rose by 1.6% from the previous month and remains in the bullish zone as investors expect the Covid-19 vaccination programme to ease the pandemic situation.The upcoming nationwide vaccination drive is the main factor ...
Bangkok Post Reporter
Bank of Thailand focuses on assistance measures to aid business customers affected by Covid-19
The Bank of Thailand (BOT) on Tuesday has amended conditions in soft loan decree to be more accessible to a wider range of borrowers, focusing on assisting SMEs in surviving during the pandemic.The BOT and the Finance Ministry have discussed with related parties to offer ...
Oil giant PTT invests in plant protein to power growth
State-controlled PTT Plc, the country’s largest company by market value, has invested in a venture to make plant-based protein, including so-called faux meat, as part of its objective to become less dependent on fossil-fuel businesses.The oil-and-gas giant formed a 300 million baht partnership with NR ...
Container shortage a bigger worry for shippers council than factory Covid clusters
The Thai National Shippers Council (TNSC) has revised upward its forecast for Thai exports in 2021, from 4-6 per cent growth to 6-7 per cent.Chaichan Charoensuk, chairman of TNSC, said in an exclusive interview that the export sector was the main engine to help drive ...
The Nation Reporter
Thailand sticking with plan to welcome tourists vaccinated against Covid-19 in July
Thailand will go ahead with a plan next month to reopen to vaccinated foreign visitors, starting with its most popular resort island Phuket, as it tries to revive tourism while battling its biggest coronavirus outbreak so far.The plan was approved by the government’s economic task ...
Consumer prices rise 2.4 per cent
Thailand’s headline consumer price index (CPI) in May was up 2.44 per cent year-on-year to 99.55 points, led by prices in energy and fresh food categories, the Ministry of Commerce said Friday.“The headline CPI rose for a second month in a row but slower than ...
SMEs want more cost-cutting measures from gov’t: FTI
Small and medium businesses are asking the government to help absorb their operational costs and rents as businesses continue to suffer from the COVID-19 pandemic.The Federation of Thai Industries (FTI) has made suggestions on what the government could do to help small and medium enterprises ...
NNT Reporter
Government upbeat as cross-border trade rises
Cross-border trade rose by 26.7% in the first four months, increasing the government’s confidence such trade will grow by 3-6% this year after declining 1.7% in 2020.Commerce Minister Jurin Laksanawisit revealed on Tuesday the country’s overall cross-border trade, including transit trade, tallied 526 billion baht ...
Phusadee Arunmas
